June Market & Arrival News

June Market arrival News from Mercon Specialty

What’s Happening in the Market:

The month of May opened with the market trading at the July (KCN23) position of 185.7.  Increased volatility in price followed from the 15th through the 30th of the month, while domestic economic uncertainty gripped the U.S. as debt ceiling talks heated up in Washington.  Rumors of a brokered deal on the debt ceiling came out on May 30th and the coffee market dipped down to 176, the lowest price seen for the month.  Prices picked back up at the beginning of June, with the market seeing a 9-cent spike on June 8, followed by two days of retracing back down to 185.7. 

The Robusta market has been of significant discussion during the month of May.  Tight supplies and concerns of shortages have pushed Robusta prices up to record highs, shrinking the gap in prices between Robusta and Arabica qualities.  Much of this has been due to an increase in Robusta demand, as many roasters integrate Robusta into blends for cost-saving measures.  It has also been influenced by coffee being on a negative biennial production cycle.  Coffee production tends to cycle with a high production year followed by a lower production year.  Supply is always a concern and influencing factor during the negative biennial years.  An additional bullish factor for the Arabica market is the confirmed forecast of El Niño conditions.  El Niño years typically bring heavy rains to Brazil and drought to regions of India, both of which can affect the quality and quantity of harvest.

Despite the forecasted concerns about El Niño weather patterns, the weather in Brazil has been dry and optimal for harvest.  Harvest in Brazil, for both Arabica and Conilons, is in full swing.  Around the world, central America has completed harvest and is now finishing the shipment of higher-grown specialty coffees.  Exports out of Honduras were up 79% for May, y/y.  Meanwhile, exports out of Ethiopia are down 23% for the period July-April.  Ethiopia continues to struggle with a shortage of shipping containers.  Inflation within the country is at 38%, fueled by a shortage of foreign currency which has led to extremely high prices for basic goods.

The coffee market continues to trade in the July period, KCN23, with the first notice day (FND) being June 20, 2023. 

Other News & Arrivals:

June Market arrival News from Mercon Specialty

Perfect Daily Grind: How can specialty coffee producers work with traders to add value to their coffee?

Check out our latest article with Perfect Daily Grind as we talk about the relationship between producers and green coffee suppliers through Mercon's LIFT and Sustainability programs.

June Market arrival News from Mercon Specialty

Join us! Mercon Specialty Webinar: Cultivating Lives of Children Through Education

Seeds for Progress is an impactful non-profit devoted to enhancing the lives of children in Central American coffee communities, through cultivating education. Join other industry leaders in this impactful webinar event to learn how your contributions can change a child's life. RSVP today!

Don't Miss Out on These Discounted Specialty Green Coffees

We've never discounted coffee like this before! We're clearing out space in our warehouse for fresh crop arrivals, so we're offering great prices on these amazing specialty green coffees. Low prices, high quality.

Blog: Buy Green Coffee Online at Mercon Specialty 

Read our latest blog to learn how you can buy green coffee online at merconspecialty.com in just a few easy steps, starting with creating an account. Plus, get FREE shipping when purchasing over 800lbs or will-call pickups, or $300 flat rate shipping for 1-6 bags.

Check Out our Women-Produced Green Coffee List: 

At Mercon Specialty, we strive to support women producers. We're proud to offer a wide selection of women-produced coffees from all our origins.

June Market arrival News from Mercon Specialty

Value Beyond the Cup: Mercon Specialty Signature Flower Series 

Our exclusive Signature Flower Series features specialty coffee from regions we hold a strong presence in which include Brazil, Colombia, Guatemala, Honduras, Nicaragua, and Vietnam. Each coffee in the Flower Series was developed to showcase the classic and distinct cup profile of the origin country, just as beautiful and unique as the native blooms they are named after. This collection of exceptional coffees can only be found at Mercon Specialty, always offering our clients classic premium green coffee, consistent all year round.

Costa Rica: Exclusive Micro lots 

If you're looking to add a truly unique coffee to your lineup, our limited edition specialty Costa Rican green coffee from Exclusive Coffee has arrived. We've brought in four high-scoring coffees with only 5-10 bags availability for each. Request a sample and place your orders before they're gone.

Questions? Connect with our expert Sales Team!

Jolene Zehnder / Director of Sales  - jzehnder@merconspecialty.com

Michelle Dunaway / Senior Sales Executive - mdunaway@merconspecialty.com

Emily Smith / Sales Executive - esmith@merconspecialty.com

Camila Topke / Sales Executive - ctopke@merconspecialty.com

Serena Beze / Sales Executive - sbeze@merconspecialty.com

Crystina McKenna / New Business Development - cmckenna@merconspecialty.com